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Laxmi Organic Industries Limited
Laxmi Organic Industries Limited is a mainboard IPO raising ₹600 Cr at ₹129 – ₹130 a share. It listed on 25 Mar 2021 and trades at ₹196 today, +50.8% against its issue price of ₹130. It was subscribed 107× in total.
₹130
Issue price
₹196
Price now
+50.8%
Since issue price
25 Mar 2021
Listed on
107×Subscribed (final) · all exchanges
106.8 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹129 – ₹130
Cut-off price₹130
Issue size₹600 Cr
Shares per lot115
Minimum application₹14,950
Minimum quantity115
Face value₹2
Listing exchanges—
ISININE576O01020
Bidding hours10:00 – 20:00 IST
Bidding window15 Mar 2021 – 17 Mar 2021
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.